Kathmandu: Minister for Culture, Tourism and Civil Aviation Yogesh Bhattarai has said that 2021 will be celebrated as the year of domestic tourism. He mentioned that the concept of two days public holiday has been introduced for the same reason. Addressing an event on ‘Impact of COVID-19 on Tourism and Future Directions’ organized by the… Continue reading “Concept of two-day leave to celebrate 2021 as internal tourism year”
Category: Finance
Govt spent Rs 1.40 billion from Corona Fund
Kathmandu: The Corona Infection Prevention and Treatment Fund has so far accumulated Rs 1.7882 billion. The income and expenditure details made public by the Office of the Comptroller and Auditor General show that amount as income. Similarly, the expenditure was Rs 1.40 billion, according to the Office of the Comptroller and Auditor General. A total… Continue reading Govt spent Rs 1.40 billion from Corona Fund
Positive situation has been created in the economy: Ministry of Finance
Kathmandu: The Ministry of Finance has analyzed that the positive situation in the economy has been created due to the recent movement in the midst of the corona virus epidemic. The Ministry has made such analysis by making public the review details of the first four months of the current Fiscal Year 2020/2021. According to… Continue reading Positive situation has been created in the economy: Ministry of Finance
Pandemic threatens India’s children with child labor rising
LUCKNOW, India (AP): A boy who cried out when he was beaten for complaining of stomach pains drew attention from a passerby, who alerted police in the central Indian city of Agra. Officers broke a padlock on the gate of the illegal shoe factory where the boy was working and found a dozen children, aged… Continue reading Pandemic threatens India’s children with child labor rising
Government decides to borrow Rs 14.15 billion from World Bank and ADB
Kathmandu: Nepal Government has decided to take concessional loan of around Rs 14 billion from the World Bank and Asian Development Bank. According to government spokesperson and Information and Communication Technology Minister Parbat Gurung, the cabinet meeting on November 28 decided to take a concessional loan of $40 million from the Asian Development Bank for… Continue reading Government decides to borrow Rs 14.15 billion from World Bank and ADB
Russia willing to invest in Nepal’s hydropower
Kathmandu: Russia has expressed interest in building a large investment hydropower project in Nepal. A team led by the Russian Ambassador to Nepal Aleksei Novikov met Minister for Energy, Water Resources, and Irrigation Barshaman Pun at the Ministry on Tuesday and expressed interest in investing in hydropower. Russia’s two largest banks, Lanta and Moscow Industrial… Continue reading Russia willing to invest in Nepal’s hydropower
BMW sales begin in Nepal
Kathmandu: Laxmi Premium Motors, the sole official importer of BMW Motors for Nepal, has started the official sale of the BMW brand from a grand showroom of 10,165 square feet in Tinkune, Kathmandu. Lakshmi Premium has collaborated with BMW Asia and BMW Bangladesh to establish and market the German brand BMW in the Nepali market.… Continue reading BMW sales begin in Nepal
EU appreciates Nepal for improving aviation sector
EU appreciates Nepal for improving aviation sectorKathmandu: On the occasion of International Civil Aviation Day, the European Union and its member states has congratulated Nepal for its firm commitment to improve safety mechanisms as progress has been made in recent years to address the challenges of aviation safety. Issuing a statement, the EU has said… Continue reading EU appreciates Nepal for improving aviation sector
NAC resumes flights to Humla
Simikot (RSS): Nepal Airlines Corporation (NAC) has resumed flight operations from and to Humla from Monday.The government-owned airline company, NAC, which has been operating regular flights to Jumla and Rukum in Karnali, has started flying to Humla from today after almost a year. Humla station in-charge Bal Bahadur Sunar informed that the flight from Nepalgunj… Continue reading NAC resumes flights to Humla
US jobless claims remain high at 712,000 as virus escalates
WASHINGTON (AP): The number of Americans applying for unemployment benefits fell as the nation celebrated Thanksgiving last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Thursday’s report from the Labor Department said that initial claims for jobless aid dropped from… Continue reading US jobless claims remain high at 712,000 as virus escalates